Johanne Schmidt-Nielsen, of the opposition left Red-Green Alliance that opposed the bill, said it was "a symbolic move to scare people away".
Earlier this month, Switzerland was criticised by a refugee group for seizing assets from some 100 people in 2015. Under Swiss rules, asylum seekers have to hand over assets above $1,000 (£700; €900).
Well thats one way to weed the economic migrants from the refugees. You'd have to be pretty desperate to submit to that.